Technology

I’ve been working in tech for close to thirty years now mostly with larger tech and financial companies. For my parent’s and grandparent’s generation, you could reasonably expect lifetime employment at the same company. Work well and you’ll be treated well.

This started to change when I began working in the 90s and especially after the 2001 and 2008 recessions. Since then, it’s gotten much worse.

Companies don’t want to treat all employees well anymore, just their top talent that they want to retain. Who cares what the rest think because they’re transient anyway and won’t be around for more than a few years. Build around your top people and view the others as interchangeable parts.

Don’t bother investing in the rest of your employees. Just hire when needed, fire those you don’t like, who aren’t a good fit, and who are too old. Firing is one of their top tools if they want a quick cost reduction to boost their stock price.

Maintaining the upper hand of the employee/employer power dynamic is much more desirable than properly treating the people who work for you. If the employees don’t like it, they know where the door is. They’re replaceable anyway. That’s why employees have lost the RTO battles.

As an older worker, I despise how cutthroat the corporate world is now. I feel like I’m about to be tossed out with the trash.